Canadian National Railway Company (CNI)
NYSE: CNI · IEX Real-Time Price · USD
129.32
+1.67 (1.31%)
At close: Apr 22, 2024, 4:00 PM
129.53
+0.21 (0.16%)
Pre-market: Apr 23, 2024, 5:31 AM EDT
Canadian National Railway Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for CNI stock have an average target of 138.19, with a low estimate of 113 and a high estimate of 190. The average target predicts an increase of 6.86% from the current stock price of 129.32.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Canadian National Railway stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 16 | 16 | 15 | 15 | 14 | 17 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 17 | 17 | 16 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $121 → $134 | Hold | Maintains | $121 → $134 | +3.62% | Apr 12, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 10, 2024 |
| Jefferies | Jefferies | Hold Initiates $130 | Hold | Initiates | $130 | +0.53% | Apr 8, 2024 |
| Barclays | Barclays | Hold Maintains $127 → $130 | Hold | Maintains | $127 → $130 | +0.53% | Apr 4, 2024 |
| National Bank Financial Inc | National Bank Financial Inc | Hold Maintains $172 → $190 | Hold | Maintains | $172 → $190 | +46.92% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
17.97B
from 16.83B
Increased by 6.80%
Revenue Next Year
19.02B
from 17.97B
Increased by 5.82%
EPS This Year
8.10
from 8.53
Decreased by -5.08%
EPS Next Year
9.14
from 8.10
Increased by 12.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.6B | 21.0B | 22.4B | 22.0B | 23.0B |
| Avg | 18.0B | 19.0B | 20.0B | 20.8B | 22.2B |
| Low | 16.7B | 17.4B | 18.0B | 19.8B | 21.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.8% | 16.7% | 17.9% | 10.0% | 10.7% |
| Avg | 6.8% | 5.8% | 5.3% | 4.0% | 6.4% |
| Low | -0.5% | -3.4% | -5.4% | -1.3% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.73 | 9.87 | 11.18 | 11.65 | 12.58 |
| Avg | 8.10 | 9.14 | 10.10 | 10.94 | 12.10 |
| Low | 7.70 | 8.41 | 9.10 | 10.34 | 11.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.3% | 21.9% | 22.3% | 15.3% | 15.0% |
| Avg | -5.1% | 12.9% | 10.5% | 8.3% | 10.7% |
| Low | -9.7% | 3.9% | -0.4% | 2.4% | 7.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.